Buying Life Insurance in Qatar
Life Insurance for Residents in Qatar
Life insurance in Qatar is optional but highly recommended for residents, including expatriates and Qatari nationals, to provide financial security for families in the event of death, disability, or critical illness. Unlike mandatory health or car insurance, life policies help cover debts, education costs, or lost income.
Options include term life (temporary coverage with level premiums), whole life (lifetime protection with cash value buildup), unit-linked plans (investment-linked), and credit life (loan protection). Premiums vary by age, health, coverage amount, and term (typically 10-30 years), starting from around QAR 500 annually for basic plans.
Sharia-compliant Takaful options are available for those preferring ethical investments.
Expatriates should note that coverage often ends if residency lapses, but some plans allow portability.
Applications require a medical questionnaire; full exams may be needed for higher sums.
Compare quotes based on needs, and consult advisors for tax implications or estate planning.
MetLife Qatar
https://www.metlife-gulf.com/en/qatar/
Offers flexible term, whole life, and savings-linked plans with riders for critical illness and accidental death. Online purchase available with instant quotes; covers individuals and families up to age 65.HSBC Qatar (Zurich International)
https://www.hsbc.com.qa/insurance/products/term-life/
Term life policies for single or joint lives (e.g., spouses), with add-ons for disability and critical illness.
Maximum entry age 74; premiums guaranteed for the term. Start applications online for quick processing.HSBC Qatar (Zurich Futura)
https://www.hsbc.com.qa/insurance/products/whole-life/
Futura Whole Life Insurance. Whole-of-life coverage with inflation indexation (5% annual adjustment) and flexible payments.
Includes living benefits like terminal illness payout; suitable for long-term protection. Apply online with policy documents downloadable.
QLM Life & Medical Insurance Company Q.P.S.C
https://qlm.com.qa
Comprehensive individual and group life plans, including child protection and career-linked coverage.
Leading provider with global networks; online quotes and personalized solutions for residents.
Doha Bank Life Insurance Plans
https://qa.dohabank.com/personal/insurance/life-insurance-plans/
Partners with regional insurers for pure term, whole life, and unit-linked options.
Family Takaful contracts available; submit details online for a specialist callback within one day.
Commercial Bank of Qatar (MetLife)
https://www.cbq.qa
Life Protection Plan with lump-sum payouts for death or accidental loss.
Affordable term coverage with critical illness acceleration up to USD 1 million;
marketed via bank channels with online inquiries.
QNB (MetLife)
https://www.qnb.com/sites/qnb/qnbqatar/page/en/enlivelife.html
Live Life term plan for Qatari citizens, offering high coverage at low cost with critical illness benefits and free second opinions.
Temporary account setup for new arrivals; apply through bank app or site.Beema Insurance
https://beema.com.qa/individual-life-insurance/
Individual life policies with QAR 50,000 natural death and QAR 100,000 accidental death coverage.
Ages 18-65; pro-rata refunds on cancellation.
Fill forms online or via branches for issuance.
Qatar Islamic Insurance Company (QIIC)
https://www.qiic.com.qa/products/retail/life-insurance-aman/
Aman Life Takaful for breadwinners, covering spouse and children with ethical, Sharia-compliant protection.
Claims submission online; tailored for Qatar residents.
Zurich Qatar
https://www.zurich.qa
Savings and protection-focused life insurance with online quotes.
Emphasizes simple understanding; advisors available for customization.
Oman Qatar Insurance Company (OQIC)
https://oqic.com/insurance/life-insurance/
Under Life Insurance they have Group Life, Critical illness plans, Family guard schemes and Credit life schemes to cover the borrower’s liability on personal loans, mortgage loans, vehicle loans and credit cards in the event of death due to both accidental and non-accidental or natural causes cover.
They have a regional network and presence through their sister concerns; in Abu Dhabi, Dubai, Kuwait and Doha.
Their services include: a) Group Employee benefits b) Credit Life solutions.
Before buying, verify eligibility (e.g., residency permit), review exclusions (like pre-existing conditions or high-risk activities), and ensure the policy aligns with Qatari Central Bank regulations. Digital platforms like those from MetLife and HSBC enable instant applications, but complex needs may require in-person advice. Contact providers directly for 2025 rates and promotions.
Banks in Qatar